Managing Project Risks in the Oil and Gas Industry Course

Learn to manage project risks in the oil and gas industry. Join this course to acquire skills in identifying, assessing, and mitigating project-related risks. BMC Training offers Managing Project Risks in the Oil and Gas Industry Course in Oil and Gas Training Courses.

  • English
  • 155 Training Sessions
  • Confirmed
  • One Week
Managing Project Risks in the Oil and Gas Industry Training Course

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Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Dubai , UAE 28 - Apr - 2024 2 - May - 2024 5722.5 GBP
Paris , France 28 - Apr - 2024 2 - May - 2024 7900 GBP
Hong Kong , Hong Kong 28 - Apr - 2024 2 - May - 2024 9100 GBP
Kuala Lumpur , Malaysia 7 - Apr - 2024 11 - Apr - 2024 5300 GBP
Rome , Italy 7 - Apr - 2024 11 - Apr - 2024 7900 GBP
Barcelona , Spain 7 - Apr - 2024 11 - Apr - 2024 8300 GBP
Zurich , Switzerland 7 - Apr - 2024 11 - Apr - 2024 8700 GBP
Istanbul , Turkey 14 - Apr - 2024 18 - Apr - 2024 5550 GBP
Bali , Indonesia 14 - Apr - 2024 18 - Apr - 2024 8700 GBP
Singapore , Singapore 14 - Apr - 2024 18 - Apr - 2024 8400 GBP
London , UK 21 - Apr - 2024 25 - Apr - 2024 5950 GBP
Madrid , Spain 21 - Apr - 2024 25 - Apr - 2024 7500 GBP
Munich , Germany 21 - Apr - 2024 25 - Apr - 2024 8900 GBP
Berlin , Germany 21 - Apr - 2024 25 - Apr - 2024 8300 GBP
Washington , United States 14 - Apr - 2024 18 - Apr - 2024 13500 GBP
New York , United States 21 - Apr - 2024 25 - Apr - 2024 12750 GBP
Amsterdam , Netherlands 21 - Apr - 2024 25 - Apr - 2024 9100 GBP
Dubai , UAE 12 - May - 2024 16 - May - 2024 5722.5 GBP
Paris , France 12 - May - 2024 16 - May - 2024 7900 GBP
Hong Kong , Hong Kong 12 - May - 2024 16 - May - 2024 9100 GBP
London , UK 5 - May - 2024 9 - May - 2024 5950 GBP
Madrid , Spain 5 - May - 2024 9 - May - 2024 7500 GBP
Munich , Germany 5 - May - 2024 9 - May - 2024 8900 GBP
Berlin , Germany 5 - May - 2024 9 - May - 2024 8300 GBP
Kuala Lumpur , Malaysia 19 - May - 2024 23 - May - 2024 5300 GBP
Rome , Italy 19 - May - 2024 23 - May - 2024 7900 GBP
Barcelona , Spain 19 - May - 2024 23 - May - 2024 8300 GBP
Zurich , Switzerland 19 - May - 2024 23 - May - 2024 8700 GBP
Istanbul , Turkey 26 - May - 2024 30 - May - 2024 5550 GBP
Bali , Indonesia 26 - May - 2024 30 - May - 2024 8700 GBP
Singapore , Singapore 26 - May - 2024 30 - May - 2024 8400 GBP
New York , United States 5 - May - 2024 9 - May - 2024 12750 GBP
Amsterdam , Netherlands 5 - May - 2024 9 - May - 2024 9100 GBP
Washington , United States 26 - May - 2024 30 - May - 2024 13500 GBP
Dubai , UAE 9 - Jun - 2024 13 - Jun - 2024 5722.5 GBP
Paris , France 9 - Jun - 2024 13 - Jun - 2024 7900 GBP
Hong Kong , Hong Kong 9 - Jun - 2024 13 - Jun - 2024 9100 GBP
Kuala Lumpur , Malaysia 16 - Jun - 2024 20 - Jun - 2024 5300 GBP
Rome , Italy 16 - Jun - 2024 20 - Jun - 2024 7900 GBP
Barcelona , Spain 16 - Jun - 2024 20 - Jun - 2024 8300 GBP
Zurich , Switzerland 16 - Jun - 2024 20 - Jun - 2024 8700 GBP
Istanbul , Turkey 23 - Jun - 2024 27 - Jun - 2024 5550 GBP
Bali , Indonesia 23 - Jun - 2024 27 - Jun - 2024 8700 GBP
Singapore , Singapore 23 - Jun - 2024 27 - Jun - 2024 8400 GBP
London , UK 2 - Jun - 2024 6 - Jun - 2024 5950 GBP
Madrid , Spain 2 - Jun - 2024 6 - Jun - 2024 7500 GBP
Munich , Germany 2 - Jun - 2024 6 - Jun - 2024 8900 GBP
Berlin , Germany 2 - Jun - 2024 6 - Jun - 2024 8300 GBP
Washington , United States 23 - Jun - 2024 27 - Jun - 2024 13500 GBP
New York , United States 2 - Jun - 2024 6 - Jun - 2024 12750 GBP
Amsterdam , Netherlands 2 - Jun - 2024 6 - Jun - 2024 9100 GBP
Dubai , UAE 7 - Jul - 2024 11 - Jul - 2024 5722.5 GBP
Paris , France 7 - Jul - 2024 11 - Jul - 2024 7900 GBP
Hong Kong , Hong Kong 7 - Jul - 2024 11 - Jul - 2024 9100 GBP
London , UK 14 - Jul - 2024 18 - Jul - 2024 5950 GBP
Madrid , Spain 14 - Jul - 2024 18 - Jul - 2024 7500 GBP
Munich , Germany 14 - Jul - 2024 18 - Jul - 2024 8900 GBP
Berlin , Germany 14 - Jul - 2024 18 - Jul - 2024 8300 GBP
London , UK 21 - Jul - 2024 25 - Jul - 2024 5950 GBP
Madrid , Spain 21 - Jul - 2024 25 - Jul - 2024 7500 GBP
Munich , Germany 21 - Jul - 2024 25 - Jul - 2024 8900 GBP
Berlin , Germany 21 - Jul - 2024 25 - Jul - 2024 8300 GBP
Istanbul , Turkey 28 - Jul - 2024 1 - Aug - 2024 5550 GBP
Bali , Indonesia 28 - Jul - 2024 1 - Aug - 2024 8700 GBP
Singapore , Singapore 28 - Jul - 2024 1 - Aug - 2024 8400 GBP
New York , United States 14 - Jul - 2024 18 - Jul - 2024 12750 GBP
Amsterdam , Netherlands 14 - Jul - 2024 18 - Jul - 2024 9100 GBP
New York , United States 21 - Jul - 2024 25 - Jul - 2024 12750 GBP
Amsterdam , Netherlands 21 - Jul - 2024 25 - Jul - 2024 9100 GBP
Washington , United States 28 - Jul - 2024 1 - Aug - 2024 13500 GBP
Dubai , UAE 4 - Aug - 2024 8 - Aug - 2024 5722.5 GBP
Paris , France 4 - Aug - 2024 8 - Aug - 2024 7900 GBP
Hong Kong , Hong Kong 4 - Aug - 2024 8 - Aug - 2024 9100 GBP
Kuala Lumpur , Malaysia 11 - Aug - 2024 15 - Aug - 2024 5300 GBP
Rome , Italy 11 - Aug - 2024 15 - Aug - 2024 7900 GBP
Barcelona , Spain 11 - Aug - 2024 15 - Aug - 2024 8300 GBP
Zurich , Switzerland 11 - Aug - 2024 15 - Aug - 2024 8700 GBP
Istanbul , Turkey 18 - Aug - 2024 22 - Aug - 2024 5550 GBP
Bali , Indonesia 18 - Aug - 2024 22 - Aug - 2024 8700 GBP
Singapore , Singapore 18 - Aug - 2024 22 - Aug - 2024 8400 GBP
London , UK 25 - Aug - 2024 29 - Aug - 2024 5950 GBP
Madrid , Spain 25 - Aug - 2024 29 - Aug - 2024 7500 GBP
Munich , Germany 25 - Aug - 2024 29 - Aug - 2024 8900 GBP
Berlin , Germany 25 - Aug - 2024 29 - Aug - 2024 8300 GBP
Washington , United States 18 - Aug - 2024 22 - Aug - 2024 13500 GBP
New York , United States 25 - Aug - 2024 29 - Aug - 2024 12750 GBP
Amsterdam , Netherlands 25 - Aug - 2024 29 - Aug - 2024 9100 GBP
Dubai , UAE 22 - Sep - 2024 26 - Sep - 2024 5722.5 GBP
Paris , France 22 - Sep - 2024 26 - Sep - 2024 7900 GBP
Hong Kong , Hong Kong 22 - Sep - 2024 26 - Sep - 2024 9100 GBP
London , UK 1 - Sep - 2024 5 - Sep - 2024 5950 GBP
Madrid , Spain 1 - Sep - 2024 5 - Sep - 2024 7500 GBP
Munich , Germany 1 - Sep - 2024 5 - Sep - 2024 8900 GBP
Berlin , Germany 1 - Sep - 2024 5 - Sep - 2024 8300 GBP
Kuala Lumpur , Malaysia 8 - Sep - 2024 12 - Sep - 2024 5300 GBP
Rome , Italy 8 - Sep - 2024 12 - Sep - 2024 7900 GBP
Barcelona , Spain 8 - Sep - 2024 12 - Sep - 2024 8300 GBP
Zurich , Switzerland 8 - Sep - 2024 12 - Sep - 2024 8700 GBP
Istanbul , Turkey 15 - Sep - 2024 19 - Sep - 2024 5550 GBP
Bali , Indonesia 15 - Sep - 2024 19 - Sep - 2024 8700 GBP
Singapore , Singapore 15 - Sep - 2024 19 - Sep - 2024 8400 GBP
New York , United States 1 - Sep - 2024 5 - Sep - 2024 12750 GBP
Amsterdam , Netherlands 1 - Sep - 2024 5 - Sep - 2024 9100 GBP
Washington , United States 15 - Sep - 2024 19 - Sep - 2024 13500 GBP
Dubai , UAE 20 - Oct - 2024 24 - Oct - 2024 5722.5 GBP
Paris , France 20 - Oct - 2024 24 - Oct - 2024 7900 GBP
Hong Kong , Hong Kong 20 - Oct - 2024 24 - Oct - 2024 9100 GBP
Kuala Lumpur , Malaysia 27 - Oct - 2024 31 - Oct - 2024 5300 GBP
Rome , Italy 27 - Oct - 2024 31 - Oct - 2024 7900 GBP
Barcelona , Spain 27 - Oct - 2024 31 - Oct - 2024 8300 GBP
Zurich , Switzerland 27 - Oct - 2024 31 - Oct - 2024 8700 GBP
Istanbul , Turkey 6 - Oct - 2024 10 - Oct - 2024 5550 GBP
Bali , Indonesia 6 - Oct - 2024 10 - Oct - 2024 8700 GBP
Singapore , Singapore 6 - Oct - 2024 10 - Oct - 2024 8400 GBP
London , UK 13 - Oct - 2024 17 - Oct - 2024 5950 GBP
Madrid , Spain 13 - Oct - 2024 17 - Oct - 2024 7500 GBP
Munich , Germany 13 - Oct - 2024 17 - Oct - 2024 8900 GBP
Berlin , Germany 13 - Oct - 2024 17 - Oct - 2024 8300 GBP
Washington , United States 6 - Oct - 2024 10 - Oct - 2024 13500 GBP
New York , United States 13 - Oct - 2024 17 - Oct - 2024 12750 GBP
Amsterdam , Netherlands 13 - Oct - 2024 17 - Oct - 2024 9100 GBP
Dubai , UAE 17 - Nov - 2024 21 - Nov - 2024 5722.5 GBP
Paris , France 17 - Nov - 2024 21 - Nov - 2024 7900 GBP
Hong Kong , Hong Kong 17 - Nov - 2024 21 - Nov - 2024 9100 GBP
London , UK 24 - Nov - 2024 28 - Nov - 2024 5950 GBP
Madrid , Spain 24 - Nov - 2024 28 - Nov - 2024 7500 GBP
Munich , Germany 24 - Nov - 2024 28 - Nov - 2024 8900 GBP
Berlin , Germany 24 - Nov - 2024 28 - Nov - 2024 8300 GBP
Kuala Lumpur , Malaysia 3 - Nov - 2024 7 - Nov - 2024 5300 GBP
Rome , Italy 3 - Nov - 2024 7 - Nov - 2024 7900 GBP
Barcelona , Spain 3 - Nov - 2024 7 - Nov - 2024 8300 GBP
Zurich , Switzerland 3 - Nov - 2024 7 - Nov - 2024 8700 GBP
Istanbul , Turkey 10 - Nov - 2024 14 - Nov - 2024 5550 GBP
Bali , Indonesia 10 - Nov - 2024 14 - Nov - 2024 8700 GBP
Singapore , Singapore 10 - Nov - 2024 14 - Nov - 2024 8400 GBP
New York , United States 24 - Nov - 2024 28 - Nov - 2024 12750 GBP
Amsterdam , Netherlands 24 - Nov - 2024 28 - Nov - 2024 9100 GBP
Washington , United States 10 - Nov - 2024 14 - Nov - 2024 13500 GBP
Dubai , UAE 15 - Dec - 2024 19 - Dec - 2024 5722.5 GBP
Paris , France 15 - Dec - 2024 19 - Dec - 2024 7900 GBP
Hong Kong , Hong Kong 15 - Dec - 2024 19 - Dec - 2024 9100 GBP
Kuala Lumpur , Malaysia 22 - Dec - 2024 26 - Dec - 2024 5300 GBP
Rome , Italy 22 - Dec - 2024 26 - Dec - 2024 7900 GBP
Barcelona , Spain 22 - Dec - 2024 26 - Dec - 2024 8300 GBP
Zurich , Switzerland 22 - Dec - 2024 26 - Dec - 2024 8700 GBP
Istanbul , Turkey 8 - Dec - 2024 12 - Dec - 2024 5550 GBP
Bali , Indonesia 8 - Dec - 2024 12 - Dec - 2024 8700 GBP
Singapore , Singapore 8 - Dec - 2024 12 - Dec - 2024 8400 GBP
London , UK 1 - Dec - 2024 5 - Dec - 2024 5950 GBP
Madrid , Spain 1 - Dec - 2024 5 - Dec - 2024 7500 GBP
Munich , Germany 1 - Dec - 2024 5 - Dec - 2024 8900 GBP
Berlin , Germany 1 - Dec - 2024 5 - Dec - 2024 8300 GBP
Washington , United States 8 - Dec - 2024 12 - Dec - 2024 13500 GBP
New York , United States 1 - Dec - 2024 5 - Dec - 2024 12750 GBP
Amsterdam , Netherlands 1 - Dec - 2024 5 - Dec - 2024 9100 GBP

Course Syllabus

Objectives

  • To develop key risk management competencies such as developing an appropriate risk process for an organisation in the oil & gas Industry
  • To understand the key roles, responsibilities and activities associated with project risk management
  • To understand how best to apply appropriate tools and techniques to optimise risk management for your projects
  • To deal with the changing nature of risk through a stage gated project process
  • To understand the human side of risk in terms of risk perception
  • To understand the crucial challenges and lessons learned associated with oil and gas project risk management

Programme Outline

Fundamental Project Risk Management Concepts

  • What is risk?
  • What is different about project risk in the Oil and Gas Industry?
  • The dual nature of risk: – threats and opportunities
  • Business, operational and project risk
  • Introducing the risk management process
  • Planning risk management

Roles and Responsibilities and Identifying Risks

  • Key risk management roles and responsibilities
  • Good practices adopted in oil and gas organisations
  • Alternative approaches – which is right for your organisation?
  • Risk identification
  • Oil and Gas Industry specific techniques
  • Overview of MAR, LOPA, HAZID HAZOP
  • The ‘Bow Tie’ methodology
  • Tools and techniques for project risk identification
  • Alternative techniques based on team dynamic
  • Sabotage teams
  • Categorisation and the use of Risk Breakdown Structure (RBS)

Risk Analysis techniques

  • Alternative Risk Analysis assessment formats and recommended practices in the oil and gas industry
  • Qualitative /
  • Semi-Quantitative
  • Quantitative
  • Assessing Impact
  • Organisational / Business impact versus Safety / Environmental impact
  • Tools and techniques for risk analysis
  • Sensitivity Analysis
  • Expected monetary value analysis
  • Further factors to consider – the people side of risk
  • Perception, past experience and mental outlook
  • External factors – regulator activities & the effect of catastrophic incidents in the industry
  • Modelling and Monte Carlo simulation
  • Risk Analysis outputs

Planning Risk Responses and Implementing Risk Responses

  • Risk prioritisation
  • Risk response strategies
  • Action plan formulation
  • Action plan evaluation
  • Analytical evaluation process
  • Appropriate approval / endorsement of action plans
  • Implementing and monitoring
  • Variance and trend analysis
  • Earned value management
  • Implementing response plans – good practices

 Reporting and Communicating Risk, Extracting Lessons & Lessons Learned from the Industry

  • Risk reporting
  • Escalating risks
  • Reserve analysis
  • Embedding the process
  • How to identify and feedback lessons learned
  • Key risk management lessons from the oil and gas industry and megaprojects in particular
  • Applying the lessons and how to implement in my organization

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